Myanmar Software Firm Launches SAP to Support Businesses’ Growing IT Demands

Myanmar Information Technology (MIT) announced the launch of a division to tap local organisations’ need to reengineer their business processes, through a partnership with German enterprise software maker SAP. Unlike niche solutions like accounting software, SAP’s ERP (Enterprise Resource Planning) packages provide overall business management functions covering accounting and financials, sales and customer relationship management, […]

High rents holding back telecoms firms, claims CEO

Telecommunications companies are struggling to secure initial capital investment and cope with extortionate rents, said CEO Tun Thura Thet from Myanmar Information Technology (MIT) during an Asean business forum. “Land and rental prices in Myanmar are higher than those in Silicon Valley in the United States. It is depends on the location. If an office […]

Decades-old bets in Myanmar’s tech industry finally reap rewards

Local tech companies see major opportunities brought on by reforms in the country It may have taken almost two decades, but Tun Thura Thet’s investment in one of Asia’s poorest countries is finally paying off. “I’ve been waiting here for 17 years to have this moment,” he said, sitting at his office in Yangon, Myanmar. […]